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November 22, 2022

NY issues first pot dispensary licenses

NEW YORK (AP) — New York has issued the state's first 36 cannabis dispensary licenses, taking a monumental step in establishing a legal and lucrative marketplace for recreational marijuana.

The licenses approved Monday by the state's Cannabis Control Board were the first of 175 the state plans to issue, despite a court ruling earlier this month that prevents it from issuing licenses in some parts of the state.

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